02/06/2008 CAE CONTRACTS FOR FIVE FULL-FLIGHT SIMULATORS
CAE has been awarded contracts to design and manufacture five full-flight simulators (FFSs) valued at more than C$56 million at list prices. The contracts are with Aeroflot Russian Airlines, Ansett Aviation Training, Skymark Airlines of Japan and CAE’s new training center in Bangalore, India, which is a joint venture owned 50 percent by CAE. The company has now announced a total of 10 FFS sales year-to-date in fiscal year 2009.
We have had a strong start to our fiscal year and we expect continued success by offering the industry’s most comprehensive portfolio of simulation products ideally suited for pilot training programs, says Marc Parent, CAE’s Group President, Simulation Products and Military Training & Services. We’re particularly pleased to welcome first-time customer Skymark to our long list of simulation equipment customers.